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The insurance business was first authorized and regulated in Wisconsin in 1870 (1870 Wisc. Act 56). The original law vested insurance regulation as a power of the Secretary of State of Wisconsin. These powers were transferred to a separate commissioner of insurance by an act of the Wisconsin Legislature in 1878 (1878 Wisc. Act 214).
The Mississippi Insurance Department was created as a separate department by an Act of the Mississippi Legislature, effective March 1, 1902.The Act provided for the election of an Insurance Commissioner at the general election of 1903 and provided that until the election and qualification of such Insurance Commissioner, the duties of the office should be discharged by the State Auditor of ...
An insurance commissioner (or commissioner of insurance) is a public official in the executive branch of a state or territory in the United States who, along with their office, regulate the insurance industry. The powers granted to the office of an insurance commissioner differ in each state.
A home insurance adjuster is responsible for investigating insurance claims. Most adjusters are employed or contracted by insurers and don’t charge policyholders for home visits, but homeowners ...
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Michael Jackson Chaney (born January 6, 1944) is the Commissioner of Insurance for the State of Mississippi since 2008. He served in the Mississippi House of Representatives from 1993 to 1999 and in the Mississippi State Senate from 2000 to 2008. Prior to his time in politics, he pursued business ventures in oil distribution, wood preservation ...
Homeowners in Florida pay $4,419 a year, on average, for insurance on a $300,000 dwelling, according to Insurance.com — which is painfully high when compared to the national average of $2,601.
ISO was formed in 1971 as an advisory and rating organization for the property/casualty insurance industry to provide statistical and actuarial services, to develop insurance programs, and to assist insurance companies in meeting state regulatory requirements. [4] It became a wholly owned subsidiary of Verisk Analytics in October 2009. [5]